540 Academy Rd is a 1,632 square foot house on a 7,399 square foot lot with 3 bedrooms and 2 bathrooms. - it last sold on April 10, 2018 for $260,500. Based on Redfin's Palmer Lake data, we estimate the home's value is $475,076.
Single-familyProperty Type
1985Year Built
7,399 sq ftLot Size
$291Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$475,076
$215K since sold in April 2018$2,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 11.6% lower than the average sale price ($538K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Mar 1, 2024 • Final
434
Perform interior remodeling and repairs on a residential building.
Electrical
Remodel
Aug 29, 2023 • Final
434
Replace the furnace.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 816
Basement Type: Full
Heating & Cooling
Heating Type: Forced Air
Room Information
# of Rooms: 6
Exterior
Exterior Information
Foundation Type: Concrete
Building Style Type: Bi-Level
Construction Type: Frame
Building Construction Quality: Average
Exterior Wall: Hardboard/Plywood
Roof Shape Type: Gable
Building Type: Single Family
Building Improvement Type: Single Family
Property Information
Subdivision Name: LILLIAN HEIGHTS SUB
Living Sq. Ft: 1,632
Adjusted Gross Sq. Ft: 1,632
Ground Floor Sq. Ft: 816
Building Sq. Ft: 1,632
# of Stories: 2
Stories Type: Bi-Level
Legal Description: LOTS 1, 2 BLK 9 LILLIAN HEIGHTS SUB
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Garage/Adequate Capacity
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,399
Legal Lot Number: 1
Legal Block Number: 9
Municipality Name: LEWIS-PALMER SCHOOL NO 38
Acres: 0.1699
Zoning Code: R3
County Use Description: SINGLE FAMILY RESID
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,632
Stories: 2.0
Lot Size: 7,399 square feet
Style: Single Family Residential
Year Built: 1985
Year Renovated: —
County: El Paso County
APN: 7105106031
Home facts updated by county records on Sep 2, 2026
Around this home
Schools
Palmer Lake Elementary School
Public PreK-6 • Assigned • 0.7mi
6/10
Lewis-Palmer Middle School
Public 7-8 • Assigned • 3.2mi
6/10
Palmer Ridge High School
Public 9-12 • Assigned • 2.8mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
19% chance of being in a wildfire in next 30 years
1/10 Heat Factor
10 days above 85° expected this year, 27 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Palmer Lake, CO • 80133
Average low and high temperatures (°F)
40
17
50
26
59
34
59
35
65
42
78
53
84
58
79
56
71
49
64
39
52
29
51
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 6.3 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$452,000 – $547,000
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